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of the u.s. capitol the sunday. the nation's governors continue their winter meeting on sunday. congress returns tomorrow with the senate. chuck hagel is expected to be the next defense secretary. a boat could happen early as tuesday. and those automatic budget cuts -- budget cuts begin to kick in. on the sunday, often during, 24, we will begin with the topic of health care. specifically, medicaid. is it a good idea? we want to get your thoughts on all of this. 202 is the area code. 585-3881 for the republicans. 202-585-3880 is our democratic line. you can also join us at facebook or send us an e-mail. a couple of issues dealing with health care and the elderly. a cover story, "increased -- a crisis in plain sight." and this cover story from time magazine called, "why medical billsa re killing us." and from "the new york times," -- there is the story of one of a number of republican governors -- he said ohio would reverse this decision if the government failed to cover all the cost of the expansion. here are some details for ohio -- last year the supreme court ruling that they have the a
understand revenue debate is closed. close the loophole and carve out attack code but it should be used to lower rate across the board. enter the former cochair of the president tet commission that up vailed a new version of the plan today to save $2 $2.4 trillion. double the sequester. they want more spending cut than the president wants and warned mr. obama's legacy will be tarnished if he doesn't act on social security and medicare. >> if he wants to leave it alope and not deal with the biggies, he will have a failed presidency. >> since simpson-bowles called for $600,000 in tax revenue, they say it obligates the g.o.p. claim to balance the budget without doing both. >> there is criticism of the president for not reaching out today. outreach on immigration. >> kerfuffle at the briefing because senator rubio office said they never heard from the white house on immigration. white house said there were five meetings. rubio folks said they were just briefing, not meetings. the president tried to put it to rest. the president op callous said he feels good about the prospect for a deal. s
you for joining us on "markets now," and wall street is wonders where is the love? lower despite two major deals. what's pressuring stocks? >> a fascinating look at ceo confidence, pwc's u.s. chairman is standing by. right now, he has his annual ceo survey. it might surprise you. >> calling senate's bluff on spending. lou dobbs weighs in. >> news on the stranded carnal cruise ship. the clock cannot turn fast enough. those poor people. >> i agree. up to speed on the markets, back to the floor, annie coal -- and nicole, another sideways day. >> dow down six points, not far off the unchanged line for all three major averages. the nasdaq and s&p squeeze out gains, the dow slightly to the downside. s&p, as we talked about yesterday, right, broader average, and the dow just has 30. it moves the archings more. one thing the traders talked about from the minute i walked in this morning was europe. you see the euro lower, the dollar is strong on a day where we heard that europe is struggling with growth over in germany, in particular, that's the real big one. france and italy would be in ther
be saying we will look at a crash again. he joins us now on the phone from thailand. it is a pretty big pullback. >> not really. i think there are two thin areas we have to consider. the market will become really over bold. connell: we could see a crash. >> i think what most investors overlook is on march 6 of this year, we will be four years into the bull market. fifteen months ago, we were at 1074 on the s&p. we are up almost 50% in 15 months. we are very extended already. connell: i want to hear your argument for that. there have been a number of people making the case for stocks being cheap on a relative basis. i want to take you back a little while. you are author of "the doom, gloom report." we have actually gone up, not down. obviously, that surprises you a little bit. >> i am familiar with that theme because i have been through it so many times. the opposite is in march 2009, people could not see why stocks would move up and a year ago, and europe when reese and italy, portugal and spain, people could not see why they would go up. connell: it has, obviously, guy. if you look at
of mergers to talk about. nicole: the first is in airline deal. it was highly anticipated that u.s. airways and american airlines would merge. first let's hit heinz. i am going to stick with heinz. warren buffett, berkshire hathaway. obviously at a premium. heinz is up 20%. watch the 3:00 p.m. show, we will certainly delve into it more for you. he loves their products. he loves the emerging markets. he thinks it was a great buy. then, we will talk about u.s. airways and american airlines merger. you can see they are finally coming together. the u.s. airways ceo will remain in the top spot as ceo. u.s. airways is down right now. dagen: thank you, nicole. connell: we are waiting for the speaker of the house, john boehner. we say take a look at this. a little over two weeks until automatic spending cuts will kick in. congress taking a week off leaving you just six working days to get something done. dagen: wait until the last minute has become the norm. how do you think this plays out? >> i think the impact on the economy will be small. the cuts are relatively small. we had $175 billion in tax
. >> it slows us down gradually. >> many can say texas don't matter. of course they will in the long run. stuart: here we come. what a perfect moment to throw it to dagen and connell. connell: good morning, everyone. dagen: america is a good bet. here to tell you why. connell: one of our guests in this hour could be the next energy secretary. dagen: more on the power outage and the record-breaking at cbs sports for that incredible game. connell: and cyber attacks, the white house considering action against china. dagen: i had the ravens, did you? by a field goal, 27-24. connell: nobody knows football like dagen mcdowell. clearly. dagen: stocks now has to do every 15 minutes, nicole petallides at the new york stock exchange. nicole: a good bet going. if yo you're betting on the mar, 14,000 mark a little disappointed today, we are pulling back, dow jones industrials down 116 points right now. a majority of the dow components, 28 of the 30 were in the red, only two names, green arrows, there is ro rod-based selling going on, the retail stocks all with down arrows. some of this is coupled with numbe
-mail. finally tonight, since it can no longer be arrested for marijuana use in 18 states, now the irs is after you, i kid you not. medical marijuana distributors could face an effective federal income tax rate as high as 75%. you have to go to france for that kind of a race. a law preventing drug traffickers from profiting off of their crime. so using medical marijuana is legal but not in the eyes of the federal government is not so those basic deductions for small business owners are used to don't apply to marijuana shops. this is one instance uncle sam's needs to tax away. if they think i it's a good ide, at least taxyers should get some kind of compensation. that is my two cents more. that is it for tonight's "the willis report." thank you for joining us. >> good evening, everybody, i am lori rothman in for "lou dobbs tonight." wwe're four days away from spending cuts known as the sequester from kicking in. president obama predicting armageddon but still not negotiating with congress. still looking to raise taxes and on the campaign trail instead of working toward a negotiated solution. pre
must end this uncertainty about this position. mr. president, it is time for us to end this debate. and that is what we will be voting on now. later on, there will be a vote on whether to confirm senator hagel. the vote now is whether to bring this debate to an end. i hope we will so we can get on to the nomination vote. i yield the floor. i think it's noon and time for a vote. the presiding officer: the senator's time has expired. the senator from oklahoma has 30 seconds remaining. the senator from oklahoma. mr. inhofe: let me say that we -- everything has been said, not everyone has said it. however, i would like to make sure that everyone understands that the actual statements that were made by the former senator hagel in terms of the relationship of our country with israel and iran prior to the time that he was nominated, because many of those statements were changed at that time. i encourage the no vote on cloture. the presiding officer: the time is expired. under the previous order, the clerk will report the motion to invoke cloture. the clerk: cloture motion, we the undersig
a student in college. and his sisters were here with us today as well, domonique, shakeyta and rhunetta are attending the preparatory school of d.c. and are on similar path to opportunity. i visited his school yesterday and it isn't amazing. it is making a real difference in the lives of kids who, without that school, could possibly be lost. and this is what is at stake. because now they have great teachers, terrific administered, small class sizes and a mission that said every kid has got to succeed. now, no one should deny rashawn or his sisters this opportunity. [applause] >> joseph kelley nor any parent should have to wait for failed education systems, failed school systems to get their acts together. throughout the country there are some promising signs that we can bring schools and parents together to improve our educational system. san francisco public schools adopted a funding mechanism according to what's termed a weighted student formula. under this policy the more students a school attracts, the more money that school, its administrators and teachers receive. low-income stude
will be talking about it on tuesday. the numbers -- you can also send us an e-mail, join us at corridor.com -- twitter.com/cspanwj. great expectations, immigration is one of the issues on the president's agenda. he may get much of what he wants in part because a bipartisan support on the issue of immigration. he will look for ways to declare victory on guns and climate change. the focus on the economy, that is one headline we are getting. the front page of the washington post -- the reporting of scott wilson, the chief white house reporter for the washington post. chris van hollen is our guest on c-span's newsmakers program. he is a leading democrat in the house of representatives. >> the president will be delivering his state of the union address this week. i think he will address those questions. we are so caught up in dealing with these short-term, self- imposed crises that is undermining our ability to come up with a long-term comprehensive planned. there are philosophical differences. our republican colleagues do not believe that there is any role for the government beyond providin
about that, trouble there is not a problem here. really? and within the hour ben bernanke tells us what he's going to do. how on earth can he stop printing money when the president talked disaster for america and berlusconi brings disaster to the euro. yeah. "varney & company" is about to begin. >> good morning, everyone, we're watching the three b's that are important for your money today. first of all, silvio berlusconi previously accused of sex with an underaged girl is back, don't worry, berlusconi says italians should ignore those crazy markets. we cannot ignore our markets. the dow dropped 200 points yesterday when the news of the berlusconi power play came out and just more evidence that what happens over in europe affects our money here, no matter how farfetched it might seem. as the chaos was breaking in europe. vice-president joe biden said don't worry, what happens there is not a worry here. listen to this. >> we're no longer worried, i think, about our economy being overwhelmed either by europe or at large the eu or china somehow swallowing up every bit of innovation that e
streets safer. here are the numbers to call -- you can also find us online. send us a tweet. we can share that on the air. you can also find us online on facebook. or e-mail us. nbc's a recent story from news. currently 21 states and washington use automated cameras at traffic intersections to catch violations such as running through red lights and stopping overnight lines. do you have red light camera in your community? if so, what do you think about them? sheryl is a democrat in baltimore. caller: good morning. thanks for letting me on. i live in baltimore and i am not sure if everyone has seen the news, but our red light camera parked car got a $40 speeding ticket and the car was not moving for . we want to make sure the equipment works and is accurate. -- -- and the car was not moving for 30 seconds. host: new york city is accused of rigging red lights in a class-action lawsuit. new york city is facing a class action lawsuit. the city accused of rigging lights to catch more drivers and right more tickets. -- write more tickets. isidor is a republican in washington, d.c. caller: in d.c
you, appreciate it. that does it for us today. make sure you join us tomorrow. right now it's time for "squawk on the street." >>> good wednesday morning. welcome to "squawk on the street." i'm melissa lee, along with carl quintanilla and david faber. jim cramer is off this week. today we've got treasury secretary nominee jack lew heading to capitol hill. let's check on where we stand in terms of u.s. futures. it looks like we'll be building off of multi-year highs here in the u.s. the picture in europe, again, the sort of anti-race to the base movement going on. the euro is moving higher this morning. we see green arrows across the board. overnight in asia, japan's nikkei down by about a percent here. on heavy volume. the yen gaining there. our road map starts in washington, d.c. the president unveiling an ambitious agenda. he also called for billions to rebuild the nation's infrastructure. >> the dow is back above 14,000. only 1% away from an all-time interday high. the s&p also near its highest levels since november of 2007. what could help markets today? better than expected ea
and work with us. we care about what happens to this economy and the people who sent us here. we have proffered alternatives and solutions. we don't adhere or agree with this false choice the president's putting forward. and as cathy said, president's off campaigning in my state in newport news, virginia. yes, we're very, very concerned about the impact on the commonwealth as we are on all states. there's a way to effect the right changes and reforms so we can avoid that. and we must set aside the false choice the president is proffering. >> as the other leaders have said, the president's only -- >> all right, so that's kevin mccarthy right now. that was eric cantor before that, the speaker. doesn't look like they're putting forward a new initiative to try to break the stalemate. he's referring to legislation that members of the house, the majority, passed last -- in the last session of congress. but that legislation is not -- does not spill over into this new session of congress, if congress is going to want to take up new legislation to avert this forced spending. they have to pass
us for not leaning in, giving us a whole new laundry list of areas where we need to improve and adds attending lean-in circles to our to-do list. by the way, i wrote most of this rant from home after putting my daughter to bed before coming back to the studio. so how is that for productive. >> crystal, we salute you for doing both so well. it's thursday, february 28th, and john boehner doesn't to negotiate with anyone. or so he thinks. ♪ >> rise up, o god, and save us from ourselves. >> senator obama or president obama and senate democrats are demanding more tax hikes. >> this is going to be a big hit on the economy. >> didn't john boehner say he wasn't going to do that anymore. >> revenue issue is now closed. gee said he wasn't going to sit down and negotiate. >> it was said very clearly you will regret doing this. >> our lives are in danger. >> it looks to me like woodward hyped that claim. >> it's not even noon on thursday and the house is going home. >> i think it was winston churchill who said americans always do the right thing after they've exhausted every other possibility
. so, doesn't make sense are if us to stop and not be able to drive anymore. >> soon as they get it open. better off it will be. cost money to sit still and cost to run the thing empty as far as fuel surge. so. hopefully they get it cleared up. martha: looks like they're working on it. they're doing pretty good job. new mexico police say westbound traffic is open on i-40. eastbound lanes remain closed. truckers will have to sit to wait it out in that direction or try to get off on side roads. also we have this for you from egypt. an awful situation where a hot-air ballon filled with tourists exploded in the sky and then fell a thousand feet to the ground. imagine how frighten this was. these are some of the tourist photos from the launch site where the victims had taken off just moments earlier. and then at least 19 tourists from europe and asia were killed in this tragic accident, after the balloon caught fire. it triggered an explosion in a gas canister. leland vittert, live in jerusalem. what exactly happened? where is this accident? >> reporter: terrifying for the folks who w
useful." still, the penny remains in play. for starters, there is the arguable contention that everything will cost more because stores will round up their prices. then there are the pro-penny forces, including a penny preservation lobbying group started by a big zinc company. did we mention that pennies are more than 97% zinc? and there's no political push against the penny. a poll last year funded by the zinc industry showed that even though many americans give away, lose, otherwise ignore penny, 67% want to keep them away. a professor testified in 1990 for the pro-penny lobby. he actually thinks the economic case for getting rid of pennies is stronger now, but he doesn't see it happening under this particular president. >> i can't imagine a former member of congress from illinois is going to lead the way to get rid of the lincoln penny. >> sentimentality aside, abe and his monument are also on the $5 bill, the economic case for a penniless u.s. grows more compelling, giving ex-congressman kolbe hope. >> the polling is very clear that when people find out about the savin
was being used to remove medical testing residue. she's battling cancer and will undergo a second skin graft today. >>> a blast in kansas city like set off by a construction crew working underground hitting the natural gas line. one woman worked there and 15 others injured. i think she's still missing. others are in the hospital. those are the headlines. >> that's unbelievable news about the blade runner. to think the state above a prosecutor that has this background that money did a background check on the guy prosecuting the would-be murder. >> and suddenly the world is on it and they are investigating everybody. >> he is being investigated for murder and they put him in charge of the case. >> premedicated murder. >> and we will have it coming up an hour from now. >> the sequester is looming. if you listen to the president of the united states it's pretty much the end of the world. life as we know it will end unless the republicans cave and give him more tax -- rather more tax increases for the wealthiest people. but when you look beneath the numbers you realize that with this gigantic b
, technically i wear one. the u.s. postal service®, no business too small. martha: you are the seth mcfa martha: "happening now" starts right now. jon: brand-new stories and breaking news. jenna: four days ago in washington's fight to avoid steep budget cuts u. may feel it in a big way on your next trip to the airport. more on the olympic icon charged with premeditated murder. we have the latest on the "blade runner" charged with killing his girlfriend. a second serving of severe winter weather. it's all happening now. countdown to the sequester showdown. hi, everybody, i'm jenna lee. and i just floated this idea to our audience. you know the jaws music from the academy awards? every time we say sequester this week i'm wondering if it should come up. jon: a little audio cue. jenna: both because it's a little ridiculous and also because everyone is making it so dramatic. jon: i'm i'm jon scott. four days until the cuts kick in. democrats holding a news conference now with the air travel association on how sequestration will affect air travelers, but they are not the only ones. the white house sa
be a threat? also in a few minutes u.s. senate expected to vote on chuck hagel president obama's controversial nominee for defense secretary. we'll bring to it live. more on what's going on in egypt right now. a holt air balloon carrying lots of tourists explodes and plummets to the ground. we're finding out how this could happen. we're going live to egypt. i'm wolf blitzer. you're in "the situation room." >>> we begin with the huge winter storm, the national weather service is now calling historic. cities like amarillo, texas, wichita, kansas have broken snowfall records. 45 million in 21 states are being affected one way or another. the storm is blamed for at least three deaths. look at this. it's even dangerous after the storm blows away. in kansas city, the heavy wet snow is causing roofs to collapse. nobody was hurt in this building. but the snow is also bringing down tree limbs on to power lines. in kansas city thousands of people are reported without power. george, what's going on? >> reporter: this is par for the course here in the midwest. this is the second time in a week that this r
for this. is a top murder profiler in south africa. she used to work with the south african police, now she is on her own. the speculation here is, jenna, that she won't be officially involved in this case. back to you. jenna: some interesting dynamics there. greg palkot live in south africa. greg, thank you. jon: now this fox news weather alert. there is no rest for folks weary of winter weather. oklahoma seeing white out conditions in the latest blizzard to pummel the central plains. officials there are strongly urging people to stay off the roads today. the massive storm system also has its sights set on the midwest. chicago could see more than six inches of snow by the time it's all over. and storms expected in the gulf states. flooding and tornadoes are possible. maria molina live from the fox weather center. >> good to see you. we are talking about yet again another blizzard across areas that last week on thursday had to deal with blizzard conditions and over a foot of snow picking up record amounts of snowfall. amarillo, texas this time around could be looking at up to 20 inches of s
-mail us as well, journal@c-span.org. president obama was in minneapolis yesterday talking about gun control. here is what he had to say on background checks. [video clip] >> the vast majority of americans, including gun owners, support background checks for anyone trying to buy a gun. [applause] so, right now democrats and republicans in the senate are working on a bill that would ban anyone from selling a gun legally for him -- selling a gun to anyone legally prohibited from owning one. that is common sense. there is no reason we cannot get that done. that is not a liberal or conservative idea, it is a smart idea. we want to keep the guns out of the hands of folks who should not have them. senators from both parties have come together to propose a bill that would crack down on people who buy guns only to turn around and sell them to criminals. a bill that would keep more guns off the street and out of the hands of people with the intent of doing harm. [applause] by the way, in addition to reducing violence on the streets, it would make life easier and safer for the people standing
from los angeles. start with the couple of the. they have an incredible story. what are they telling us? >> reporter: jenna, this is another one of those jaw-dropping, i can't believe it revelations in this story. remember we thought this thing began unravel on tuesday for dorner when he was surprised by a cleaning lady and her daughter inside this vacant apartment in big bear? well we found out last night it was actually the owners, a long-time married couple, jim and karen reynolds who on tuesday showed up to get the unit ready for renters this weekend. dorner w inside. karen tried running but he caught her. bound and gag the couple upstairs and stole their car. >> he came in like with a cord and tied it. >> extension cords. >> tied it around -- >> put a pillowcase over her head and tied the cord through the the mouth and tied it back real tight. >> i thought it was really the end. >> reporter: now you know they struggled for 15 minutes and finally got loose and called 911. the couple admitted they might have left the door unlocked which allowed dorner to get inside after he crashed h
up with u.s. companieses that does business there. mixed economic news here at home m weekly unemployment claims came in higher than expected but the housing market, yeah, that remains a bright spot. existing home sales we found out today, they rose and home prices have been going up. that was good news. stocks were lower but they have bounced back up. >> that's a nice way to end the hour and the day with the markets and good news. a couple bits of good news. thank you so much, alison kosik. that's going to do it for me. "the situation room" with wolf blitzer starts right now. >>> fred, thanks very much. happening now, a brazen shooting leads to a deadly chain reaction crash all within major sites of major casinos in las vegas. >>> the major investigator in the pistorius case has been thrown off the case. >>> and a senator admits that he fathered a child with another one-time senator's daughter. i'm wolf blitzer. you're in "the situation room." >>> all that coming up. we begin with today's new concerted effort to make president obama withdraw the nomination of chuck hagel to
testosterone when used daily. women and children should avoid contact with application sites. discontinue androgel and call your doctor if you see unexpected signs of early puberty in a child, or signs in a woman, which may include changes in body hair or a large increase in acne, possibly due to accidental exposure. men with breast cancer or who have or might have prostate cancer, and women who are or may become pregnant or are breastfeeding, should not use androgel. serious side effects include worsening of an enlarged prostate, possible increased risk of prostate cancer, lower sperm count, swelling of ankles, feet, or body, enlarged or painful breasts, problems breathing during sleep, and blood clots in the legs. tell your doctor about your medical conditions and medications, especially insulin, corticosteroids, or medicines to decrease blood clotting. so...what do men do when a number's too low? turn it up! [ male announcer ] in a clinical study, over 80% of treated men had their t levels restored to normal. talk to your doctor about all your symptoms. get the blood tests. change your
, the 25 minute debate on the senate floor. >> it is now time for us to vote up or down on the nomination for many reasons. the nomination has been before us now inadequate time to get the information which our colleagues have asked for. there is also the looming fact of sequestration. we need to have a secretary of defense who is not only in office, but whose leadership is not in limbo, but is there. our troops need it. their families needed. our country needs it. we have 66,000 military arsenal in harms way in afghanistan. the president of afghanistan has directed the united states to remove its special operations forces from a key afghan province. our military bases key decisions about the pace of the drawdown between now and the end of 2014. the size and composition of a residual force in terms of conditions for the ongoing presence in afghanistan of the united states coalition partners after 2014. at the same time, we face new and growing threats elsewhere, including the ongoing threats posed by iran's nuclear weapons program and the civil war in syria with the risk that there could
martha: we're working on getting more information on u.s. gold medalist lindsey vonn. she is a four-time world champion. the event that was going on in austria, she had a crash. she said it was very foggy. it was delayed a couple hours. three out of the other four top racers did not finish the race. on the left-hand side of the screen you can see her being airlifted. when she got up, she stumbled. they think it is a right knee injury. she was in very dramatic fashion airlifted out of there hopefully we will get you video. she is a awesome skier. incredible one. >> that will do it for us. and "happening now" begins right now. martha: bye, guys. jenna: right now brand new stories and breaking news. jon: drivers beware. gas prices on the rise again, hitting numbers we've never seen this time of year. any relief in sight? >>> plus a dramatic ending to a hostage standoff that gripped the nation. the police storm an underground bunker to save a little boy two days before his sixth birthday. we'll tell you how he is doing today. >>> a bizarre ruling from the bench that is father of four ca
. and if you missed any part of today's show, find us on itunes. search "state of the union." "fareed zakaria: gps" is next. >>> this is "gps," the global public square. welcome to all of you in the united states and around the world. i'm fareed zakaria. we have a great show for you today and we begin with american politics. what is really happening? are the republicans on the defensive? will the automatic budget cuts happen? is there any chance of legislative deals? we have a great panel, paul krugman, mort zuckerman, arianna huffington, and ed conard. >>> then something special. an exclusive interview with the richest man in india, the second richest man in all of asia. mukesh ambani. why he's bullish on america. it was the first time television cameras were ever allowed in his extraordinary mansion in the sky. >>> then, everyone is worried about the arab spring. i talked to the leaders of five arab governments to get some answers. and a fascinating internal power struggle in iran and what it means. but first here's "my take." one of the great political debates in washington and around the
declared to this chamber that the constitution makes us not rivals for power but partners for progress. >> reporter: in the first state of the union address of his second term -- >> the state of our union is strong. >> reporter: -- president obama made a direct challenge to congress. >> let's get this done. >> reporter: as he laid out his vision for the country, the president repeatedly called on democrats and republicans to act. >> the american people don't expect government to solve every problem. but they do expect us to put the nation's interests before party. >> reporter: it all came on the same day speaker john boehner called the president out for not having the courage or guts to make tough choices on the budget. the president used the power of the podium to push back. >> some in congress have proposed preventing only the defense cuts. by making even bigger cuts to things like education and job training. medicare and social security benefits. that idea is even worse. >> reporter: as is typical of most state of the union addresses, the president covered lots of ground. >> our fir
we asked total strangers to watch it for us. thank you so much. i appreciate it. i'll be right back. they didn't take a dime. how much in fees does your bank take to watch your money? if your bank takes more money than a stranger, you need an ally. ally bank. your money needs an ally. yeah. then how'd i get this... [ voice of dennis ] ...safe driving bonus check? every six months without an accident, allstate sends a check. ok. [ voice of dennis ] silence. are you in good hands? >>> why are you awake? john tower has the answers. >> kim zimmerman says she has a powerful thirst for knowledge. mario. >> i threw out the onion sandwich reference which they're eating on that carnival cruise line. it was from a hemingway book. this from low. i think features in onion sandwich, it's not too early for me in dublin, ireland. so we have watchers there. it's 11:00 a.m. there. and of course, the first public work of ernest hemingway, onion sandwiches wrapped in waxed paper. there's your piece of knowledge for today. thanks for watching. "morning joe" starts right now. >>> 51 years ago, john f. k
better shape to meet the needs of the banking clients in their community. right now, they are telling us, it is not so much too big to fail. they are worried about the cost of dodd frank, which would involve hiring a staff of people to do the work and they say that the big banks can do that better. we hope that congress would look at that. there are a number of other things in the regulatory area that are bad. if they carry it further, it will make it dangerous for community banks to get any in the game. if congress will look at what the real needs are in the banking sector and and perhaps make it a lot easier for community banks, we certainly would like to see them thrive. it is not, from what i hear, that they are too big to fail. they are too small to compete with regulators. >> take a look at the material -- the gentleman who asked the question -- it begins on page 53 or so of the report or its bills of the scale and the hope that this could reach very deeply into institutions. barry, you had a thought on this question? barry is with the commission and, it is with the consumer federa
you exactly where it is, what it's carrying, while using less fuel. delivering whatever the world needs, when it needs it. ♪ after all, what's the point of talking if you don't have something important to say? ♪ [ babies crying ] surprise -- your house was built on an ancient burial ground. [ ghosts moaning ] surprise -- your car needs a new transmission. [ coyote howls ] how about no more surprises? now you can get all the online trading tools you need without any surprise fees. ♪ it's not rocket science. it's just common sense. from td ameritrade. >>> very quick correction for you. before the break i said that pandora was up 36% since its ipo in 2011. in actual fact it was down or is down 36% since the 2011 ipo. meantime, sure. their economies might be struggling, but there is one thing italians and the great shaw know how to do and that's eat. the mediterranean diet can help prevent heart disease, high in fish, veggies, fruits and oil. people who followed the diet were 30% likely to develop heart disease than those who consumed a traditional low-fat diet. good news is wha
with this morning because it really is a mess. this is marina's home. she's let us come over here to show you what's going on inside her garage. if we walk you in there, you can see the mess on the floor. but even worse than that, the mess once you get inside. there was actually a refrigerator standing up. it's toppled over. what you can't see, the back room is a mess. just recarpeted and redid this area. she said this is so devastating to look at. we talked to her neighbor and her neighbor gave us a look inside her home. was he down here when the water started -- >> yes. >> reporter: how do you get this cleaned up? are they gonna come help you? >> yeah. my son upstairs start crying, though. >> reporter: this is his stuff. >> yeah, yeah. it's bad. we have to keep going. >> reporter: you are taking a look at some incredible shot earlier this morning when the water was still flowing. unbelievable. but you get an idea of really what residents woke up to when the water came down. it was flowing for about an hour, hour and a half, according to the people we've talked to out here. what it was doing was
video. she is a awesome skier. incredible one. >> that will do it for us. and "happening now" begins right now. martha: bye, guys. jenna: right now brand new stories and breaking news. jon: drivers beware. gas prices on the rise again, hitting numbers we've never seen this time of year. any relief in sight? >>> plus a dramatic ending to a hostage standoff that gripped the nation. the police storm an underground bunker to save a little boy two days before his sixth birthday. we'll tell you how he is doing today. >>> a bizarre ruling from the bench that is father of four can not have anymore children. is that legal? we'll get into it. it is all "happening now." jon: a brand new look at one of the most secretive and controversial policies of the obama administration. good morning, i'm jon scott. jenna: hi, everybody. glad you're with us today. i'm jenna lee. these reports are surfacing of a confidential justice department memo that authorizes the killing of american citizens overseas in drone strikes. now there's a caveat. the killing is allowed if they're leaders of al qaeda or a assoc
and today was ending jealousy and using love instead. that was great. thank you, everybody. that was fun. see you tomorrow. >> bob: happy valentine's day. >> bret: this was supposed to be leon panetta's last day as the pentagon chief, but after a rocky confirmation hearing, senators' demands for other answers the replacement has been temporarily blocked. this is "special report." ♪ ♪ >> bret: good evening. i'm bret baier. bags are packed. ready to head out of town but leon panetta isn't riding nauf the sunset of california retirement yet. senate republicans are blocking a vote on panetta's embattled replacement over among other things questions about the libya terror attack last september. mike emanuel on what is holding up chuck hagel. >> they successfully delayed chuck hagel's controversial nomination as secretary of defense. late today, procedural vote failed after senator john mccain had made the case for waiting until after next week's recess. >> i think that is a sufficient period of time to get answers to outstanding questions and i think that senator hagel after
that. it's happening in your state and probably feel in your fingertips more than most of us do in washington. i think they're so frustrated by what they don't see happening here in washington and i think they're frustration is turning into a little bit of anger. >> good morning. tuesday, february 6th. welcome to "morning joe." with us on set, we have msnbc contributor, mike barnicle. looks kind of awake this morning. >> i am. >> i don't know what's going on there. >> been up all night. >> former treasury official and "morning joe" economic analyst, steve rattner. and washington bbc world news anchor, katty kay. good morning. >> good morning. >> good. should we get right to news? >> sure. if you want to. >> are you joking? >> you guys want to talk about something? >> a good story. >> it is good. >> johnny damon wants to play baseball with the yankees. >> they need somebody. >> i should have gone with it. >> when conservatives gather at cpac, they'll do so without one of the most popular republican leaders in the country. have you heard this? i did. >> conservative chris christie
we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] one pill each morning. 24 hours. zero heartburn. all the things we love about sunday meals into each of her pot pies. like tender white meat chicken and vegetables in a golden flaky crust that's made from scratch. marie callender's pot pies. it's time to savor. >>> the campaign of 2012 led to the election of 2012 which led to the campaign of 2013. it's tuesday, february 26th, and this is "now." >> executive vice president of the global strategy group and former senior advisor of priorities usa action the money bunny himself, bill burton. we are mefr not going to call you the money bunny. foremaner pennsylvania governor and current governor of "now" ed rendell, assistant managing editor and fortune magazine lee gallagher, who is just classing it up. she just doesn't need weird nicknames. the man with the golden throat, political analyst and
picture in the u.s., the first lady=í gown was, of course, a huge hit. was not the case in irane1iant(h wardrobe adding sleeves, raising the neck line on thee1çó glitte gown before circulating the image in iran. presumably it was a bit too revealinp for their culture, t before announcing best picture winner, mrs. obama,q she wore that dress to a white house dinner for the nation's governorsfá and, of course, the were no complaints. it was a gorgeous gown. >>> "cnn newsroom" continues right now. >>> it is the real life armageddon t(movie. scientists hope to crash a spaceship into an asteroid, all to prove we can be saved. the news is now.g a hot air balloon, full of pa&h% tourists, crashes to e1earth. but why? >>> plus, the bi >> we should notfá have to move third bill before the senate getse1 off their -- and begins do something. >> accusations fly just three days before automatic cuts hit ) rrñu and -- ♪ who let the dogs out >> investigatorskoo7o looking this kid's parents, a 10-year-old rapper whose video is raising a fewó[ so is the criticism fair? we're on it. i'm broo
the doors of gandolfo close and they leave. let's go down to keir simmons covering it all for us. kear, good morning to you. >> reporter: hey, savannah, good morning, the saints looking down on the square have not seen a day like this in medieval times. in the papal palace, over my shoulder here, the pope, as you say, has been meeting were his cardinals, tells them, i'll be with you in prayer. dawn across rome. this city has seen more than 260 pontiffs, only two popes passed in the last thousand years have left like this. the cardinals, princes of the church, gathered this morning for a warm farewell to pope benedict. some cardinals wants to speak to him for as long as possible. pope benedict will resign just after sunset. this home, this beautiful summer palace, quiet after a frantzic few weeks. >> at 8:00 exactly, he will stop being pope, the swiss guards who stand guard outside the palace and he'll go. >> reporter: rough seas he admitted yesterday and now the task begins of choosing his successor. >> i think there's a yearning out there for something different. somebody new somebody fresh
canister explodeddó sending this balloon plummetikf to the çóearth. ian lee is live for us in cairo. what happened? whatlp caused this? >> reporter: well,i] brooke, wh we're hearingñ now is when theq balloon was starting to come down, descend to land, is when thisi] tragedy struck. one of the valves, we're hearing, opened up, sending a c flame, catching the balloonçó o fire. two peoplexd bailed out when it wasfá just about tenxd feetq of] ground, including the pilot, sending the balloon straight up into the air to about a thousand feet. perspective, theçó empire state building is roughly 1200 feet. so quite a long drop. people killed. the head ofñ)q civil aviation authority is in luxor to investigate this crash. he said the balloon operatori] s operating legally. but thee1xd minister -- sorry,i department of tourismçóxd says co(> ny has had somefá violatio, so the1gñ will be investigating whatçó actually happened, brook >> ian, when.; see this number 19, as far as how many people werexd killed, did anyoneÑi sur? >> reporter: well, there with two people whoxd survived, a brit
two months ago, let us take a whirl in the not so way back machine. >> real revenue growth is critically important as long as real cuts in spending if we're going to solve our long-term fiscal problem. i made it clear to the president that i would put a trillion dollars worth of revenue on the table if he were willing to put a trillion dollars worth of spending reductions on the table. we have to find a way to address this significant spending problem that we have and we need to find a way through tax reform to begin to grow our economy in a way that will create more jobs in our country. >> bipartisan stump and invoking the speaker of the house still isn't enough to buy the president any ground among republicans. as jake sherman writes in "politico" jump-start negotiations with obama and beaner have been slammed for engaging in secret talks with the president whose party doesn't trust. raise taxes and boehner is courting trouble in his conference and endangering his speakership. both are simply nonstarters. the "new york times" argues that tough love is the only way to go.
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